It was exactly how many figured it would happen.
Despite Kerry Wood saying that there was “nothing new” to report on his potential new contract with the Cubs early Friday on local radio, the Cubs announced that they signed the 34-year-old reliever to a new contract.
It was announced at the Cubs Convention, with Wood the last player to be introduced as an announcement. It was speculated by many that that would be the way the Cubs would announce it, and it was.
The deal is for one year, and worth $3 million. It also includes an option for 2013. Wood had been rumored to want $4 million.
Early in the offseason, Theo Epstein expressed his desire to bring back Wood. But talks were rumored to have soured in the past couple of weeks, leading Wood to supposedly seek other options. Whether or not he was seriously considering them is unknown, but teams like Philadelphia and Cincinnati were believed to be in on the right hander.
Wood returns for his 12th season with the Cubs organiz...
Found January 13, 2012 on
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